Targeting areas of growth

December 2, 2007 in Articles

Developers, investors and brokers are always trying to anticipate hot markets and areas of potential growth.

As we prepare to ring in the New Year, let’s take a brief look at select areas in Greater Portland poised for significant growth in 2008 and beyond.

In Portland, Whole Foods grabbed people’s attention in the Bayside area, but it was really just the

beginning.

Looking ahead, another large development in Bayside is the 259,000-square-foot, 10-floor office building anchored by InterMed, under construction at 84 Marginal Way and scheduled for completion in 2008.

In South Portland, Mill Creek and the immediate surrounding area are showing signs of revitalization.

Several factors contributed to renewed interest after traffic was diverted to the Casco Bay Bridge: close proximity to downtown Portland, favorable demographics and increased traffic on Broadway and Route 77. (Continued on PDF)